Litecoins are exploding!

[Feng-PD]

cant find a way to fund my account... they dont accept paypal or paxum!!! -_-

[dyna mo]

gonna LOL hard when all the retards lose their life savings on this

you have a sad sense of humor.

[MikeRoth]

No i mean the Bitcoin charts. Not the Litecoin.

The BTC/USD one on btc-e? It's updating for me also just saw it flash green. It's at $133. The actual chart looks like it only updates every 30 minutes.

[AllAboutCams]

The 7870 might be at the right speed already. The people reporting speeds of 400Mhash/s on a 7870 are overclocking them.

Sounds like you should be able to get around 500Mhash/s on the 7970 not sure of those are overclocked also though.

Make sure you have the current drivers installed and the AMD APK thing installed. I'm using reaper to mine. Mess with the aggression settings to speed up or slow down mining speed. This is going to cause havoc to your screen if it's set too low and may even lock up. Try using multiple threads per GPU also.

Thanks for that i love reaper but its messing me around with the 7970 can not get it to work always getting the error 6 im happy with the 7870 but a lot of people are claiming 700 from the 7970 on cgminer but every time i load it goes crazy with both cards as i have still not figured out how to set it up for 2.

[dyna mo]

cant find a way to fund my account... they dont accept paypal or paxum!!! -_-

you'll have to setup a couple accounts, dwolla and okpay are the ones i use, it takes several days to get those accounts going and funded.

[AllAboutCams]

cant find a way to fund my account... they dont accept paypal or paxum!!! -_-

Easy pay roby on here paxum get him to send it to okpay then load your account

okpay allows $300 per month not verified transfer

[MikeRoth]

Thanks for that i love reaper but its messing me around with the 7970 can not get it to work always getting the error 6 im happy with the 7870 but a lot of people are claiming 700 from the 7970 on cgminer but every time i load it goes crazy with both cards as i have still not figured out how to set it up for 2.

Ya, I'm not sure about setting up 2 on the same box. I thought I read somewhere about other people having the same problem. Do you have reaper in 2 separate folders with separate config files? I'd assume you would just have to set "device 0" in one config, and "device 1" in the other.

Error 6 is "couldn't resolve host" make sure you have the host and port set correctly and are using a separate worker login/pass combination.

Mine is setup with 2 different computers. Desktop doing 250Mhash/s and a laptop doing 50Mhash/sec.

[AllAboutCams]

Ya, I'm not sure about setting up 2 on the same box. I thought I read somewhere about other people having the same problem. Do you have reaper in 2 separate folders with separate config files? I'd assume you would just have to set "device 0" in one config, and "device 1" in the other.

Error 6 is "couldn't resolve host" make sure you have the host and port set correctly and are using a separate worker login/pass combination.

Mine is setup with 2 different computers. Desktop doing 250Mhash/s and a laptop doing 50Mhash/sec.

That might be down to pool-x and coinotron down all the time im loosing too much and need a better pool

[MikeRoth]

I'm using these guys https://lc.ozcoin.net They seemed to have the highest efficiency

[Dirty F]

Yesterday i got 70 litecoins for free because of a system fuck up

[seXXXhub]

what miners are u using for litecoins ? im using GuiMiner-Scrypt Alpha

[AllAboutCams]

I'm using these guys https://lc.ozcoin.net They seemed to have the highest efficiency

Thanks just signed up

[AllAboutCams]

what miners are u using for litecoins ? im using GuiMiner-Scrypt Alpha

cgminer is meant to be one of the better ones but guiminer is easier to use

[MikeRoth]

Are you all using OKPAY to deposit and withdrawal USD? Seems like everyone has cut out Dwolla and I'm not trying to hand over my drivers license to mtgox to use Dwolla through them.

[seXXXhub]

cgminer is meant to be one of the better ones but guiminer is easier to use

link pls ?

[AllAboutCams]

link pls ?

This explanes how to use guiminer
http://cryptojunky.com/blog/2013/03/...tecoin-mining/

cgminer alpha (make sure its alpha)
https://github.com/ckolivas/cgminer
https://bitcointalk.org/index.php?topic=28402.0 old verstion but tell you how to use it

And my favorite
Reaper
http://wiki.solidcoin.info/wiki/Reaper also a great site to learn from

[AllAboutCams]

The 7870 might be at the right speed already. The people reporting speeds of 400Mhash/s on a 7870 are overclocking them.

Sounds like you should be able to get around 500Mhash/s on the 7970 not sure of those are overclocked also though.

Make sure you have the current drivers installed and the AMD APK thing installed. I'm using reaper to mine. Mess with the aggression settings to speed up or slow down mining speed. This is going to cause havoc to your screen if it's set too low and may even lock up. Try using multiple threads per GPU also.

i tried

host newlc.ozco.in
port 80
user username
pass x

protocol litcoin
vectors 1
aggression 12
threads_per_gpu 1
sharethreads 32
lookup_gap 2
gup_thread_concurrency 24000


and all im getting is 21.87mh/s shares 0:0 stale 0%color 0A

[Paul&John]

seems like its back to $4/ltc, also btc dropped back to $115

[Paul&John]

hehe i've installed that guiminer thingy and with my shitty radeon 5750 i'm mining a whopping 124khash/s which according to http://litecoinminingcalculator.com/ leads to an amazing 0.81LTC/day.. awesome!

[ninavain]

cant find a way to fund my account... they dont accept paypal or paxum!!! -_-

awesome story bro

[rowan]

I'm trying out guiminer-scrypt and ozcoin, but I'm not having any luck. I'm dumping the interface and I can see it's sending strings like {"id": 0, "method": "mining.subscribe", "params": ["cgminer/2.11.3"]}, but the other end seems to be expecting HTTP? It returns a 400 response.

Any ideas? I have guiminer configured to use newlc.ozco.in port 9332 as the site says.

[AllAboutCams]

There you go

[rowan]

I think it's the "Use stratum" bit that's causing me problems... it's sending JSON rather than HTTP.

Now that I've set it to no, cgminer.exe starts but then dies (with nasty Windows problem dialog box) after a few seconds. Can't win.

[- Jesus Christ -]

I think it's the "Use stratum" bit that's causing me problems... it's sending JSON rather than HTTP.

Now that I've set it to no, cgminer.exe starts but then dies (with nasty Windows problem dialog box) after a few seconds. Can't win.

You have an older version of OpenCL installed. You can actually just drop a newer version of "amdocl.dll" directly in your cgminer folder to fix it.

Try this one.
https://mega.co.nz/#!0sZnySYT!PiATp0...s10MDc7yskA0JY

Obligatory LTC tip address: LNQKYYshTL86pwbH8xJUv9ZVptrahFYqKs

[AllAboutCams]

I think it's the "Use stratum" bit that's causing me problems... it's sending JSON rather than HTTP.

Now that I've set it to no, cgminer.exe starts but then dies (with nasty Windows problem dialog box) after a few seconds. Can't win.

im not sure sorry
what card do you have and ill get the settings

[rowan]

You have an older version of OpenCL installed. You can actually just drop a newer version of "amdocl.dll" directly in your cgminer folder to fix it.

Try this one.
https://mega.co.nz/#!0sZnySYT!PiATp0...s10MDc7yskA0JY

Obligatory LTC tip address: LNQKYYshTL86pwbH8xJUv9ZVptrahFYqKs

Cheers... it is amdocl.dll which is crashing. One question though, does that work with XP?

guiminer-scrypt must do something different because I was running guiminer (BTC) only a week ago without any probs.

[Vapid - BANNED FOR LIFE]

I want an asic for litecoins.

[- Jesus Christ -]

does that work with XP?

yea

I want an asic for litecoins.

Good luck finding a cost effective way to create an asic that meets the memory requirements of scrypt

[dyna mo]

yea


Good luck finding a cost effective way to create an asic that meets the memory requirements of scrypt

i was wondering, prolly a stupid question but why doesn't bfl and avalon keep all their rigs to themselves instead of selling em for $1300-ish? seems like if they can make up a fancy ic, they can figure out how to run under the radar mining a shit ton without disrupting the chain.

or is that just ridiculous? or are they under agreement with bitcoin organization?

[- Jesus Christ -]

i was wondering, prolly a stupid question but why doesn't bfl and avalon keep all their rigs to themselves instead of selling em for $1300-ish? seems like if they can make up a fancy ic, they can figure out how to run under the radar mining a shit ton without disrupting the chain.

or is that just ridiculous? or are they under agreement with bitcoin organization?

Don't forget energy requirements, networking, heat dissipation, space, and manpower.

ASICMINER is the only outfit that is deploying their own chips right now. They have something like 6TH running and plan on deploying 200TH+ within the next few months.

The ROI from the IPO price is insane.

[dyna mo]

that's bfl i think right? i'll dig a bit.

those are the ones that make me nervous right now, in fact, what's weird to me is what is going to happen when all those asics come online, i mean if that company you mention is prepped for a, what is that, 30x increase, there are tons more coming online at the same time, that's massive increase in computing power.......i guess the current algo accounts for that in real time.

[rowan]

Atmel have a dedicated SHA256 chip in a tiny 3 pin package which I was looking into a while ago, but they're not meant for high speed hashing, so you'd need hundreds or thousands of them to do anything useful with BTC mining. Pity. :D

[rowan]

Got my GFX card working finally, mining is blasting along at an amazing 13khashes/sec. Haha. It's only a little 5450 so it's not that surprising.

I have a 4 core xeon server at a webhost which is only 5% utilised, I reckon it could hash faster than that. Now to find a CPU based miner that will compile on unix...

[rowan]

I have a 4 core xeon server at a webhost which is only 5% utilised [...]

Turns out the xeon isn't really that fast either, only 3k hashes/sec per core (so 9k/s when using 3 cores), but at the current LTC value that's still a few bucks a month. The server is otherwise barely utilised (mostly I/O rather than CPU bound) so I'm just going to leave it running. It's gravy... very slowly dripping onto my plate...

[Paul&John]

There you go

so 2.23ltc/day? = 10 bucks at most?

[AllAboutCams]

so 2.23ltc/day? = 10 bucks at most?

Per card also the 7870 is the smallest one i have

[hdkiller]

so 2.23ltc/day? = 10 bucks at most?

That's not bad if LTC will be $80 in a few months..

Btw i have stability issues when mining and sometimes reaper freezee. Do you use your on board VGA for windows?

[Paul&John]

That's not bad if LTC will be $80 in a few months..

Btw i have stability issues when mining and sometimes reaper freezee. Do you use your on board VGA for windows?

yes but those aren't free 2.23ltc, I mean you use electricity, your vga card etc..

I've only one card in my pc, so yes I used that for mining, however I had to lower the intensity to 10-11.

[Paul&John]

Oh and if I understand correctly, not the whole mining is successful right? there are invalid and accepted shares, so thats lowers the effectiveness too?

[hdkiller]

Well, think mining coins as an investment. It's a bit risky, but who knows maybe worth on the long run while the difficulty is not too high.

I think building rigs is the way to mine, playing with our desktops is just for fun.

If i understand correctly a mining op now need a place, electricity, some cooling and a few tousand dollar worth of hardware...

I just don't know if it's too late or not.

[Paul&John]

Well, think mining coins as an investment. It's a bit risky, but who knows maybe worth on the long run while the difficulty is not too high.

I think building rigs is the way to mine, playing with our desktops is just for fun.

If i understand correctly a mining op now need a place, electricity, some cooling and a few tousand dollar worth of hardware...

I just don't know if it's too late or not.

Yes its an investment, but you can just easily buy those 2ltc's for a few bucks and you dont need to worry about anything else I mean it's just not worth it

[Paul&John]

btw with pool mining i get only stale/invalid ones (GUIMiner, host coinotron), any idea why?

[rowan]

I did some calcs and figured that the OC 7770 that I just bought tonight will pay for itself within about a month. That's if LTC stays at its current value. May even be worth mining some BTC at its current value.

[AllAboutCams]

I did some calcs and figured that the OC 7770 that I just bought tonight will pay for itself within about a month. That's if LTC stays at its current value. May even be worth mining some BTC at its current value.

That will change in less than 2 days

[CurrentlySober]

my bottom is also exploding...

[rowan]

That will change in less than 2 days

You're talking about a difficulty change? BTC or LTC?

Some quick calcs...

HD 7770 mining LTC = ~$4 profit/day
HD 7770 mining BTC = ~$1 profit/day

So yeah, maybe mining BTC aint so grand, even at the super high price it's at right now.

[Dirty F]

my bottom is also exploding...

[rowan]

I've just been reading about how Intel's CPU microcode updates are SHA256 signed. This most likely means that every modern Intel x86 CPU can generate/verify SHA256 "on chip" ... in hardware. Unlikely to be of any practical use, but pretty cool nevertheless.

[Dirty F]

Huge crash!

[Markul]

Huge crash!

yup. I think many pools were under heavy attack yesterday, dunno if it's related though.